UToledo Human Resources

Retirement Systems

Eligible full time faculty may enroll in the State Teachers Retirement System (STRS) and eligible full time staff may enroll in the Ohio Public Employees Retirement System (OPERS). Both groups have the option to choose the Alternative Retirement Plan (ARP). Please see contact information below.

*Employer ARP Mitigating Contribution

Retirement System Contributions Effective 7/1/17

Retirement Plan

Employee Contribution

Employer Contribution

STRS

14%

14%

STRS/ARP

14%

14%
(9.53% to Plan, 4.47% Administrative Fee*)

OPERS

10%

14%

OPERS/ARP

10%

14%
(11.56% to Plan, 2.44% Administrative Fee*) 

 

 

 

 

 

 

 

 

 

 

 

 

Employee contributions are "deducted" by the University from the employee's gross pay and paid directly to the retirement systems, thereby enabling employees to defer current federal and state taxes on this income.

Members of the STRS, OPERS, or ARP who leave University employment may withdraw their retirement contributions. The University’s contributions are vested after five years. This means that if the contributions are left on deposit, STRS or OPERS members will receive a pension at retirement age. For ARP members, vesting is immediate.

Last Updated: 7/15/19